Drug Chemical And Associated Technologies Association Inc is located in Robbinsville, NJ. The organization was established in 1963. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 10/2023, Drug Chemical And Associated Technologies Association Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drug Chemical And Associated Technologies Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 10/2023, Drug Chemical And Associated Technologies Association Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $4.3m during the year ending 10/2023. While expenses have increased by 3.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE BUSINESS DEVELOPMENT OBJECTIVES OF ITS MEMBERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DCAT WEEK AND ANNUAL DINNER
EDUCATION PROGRAMS
SCHOLARSHIP PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Margaret Timony Executive Director | OfficerTrustee | 40 | $382,000 |
Sally Macaluso President | OfficerTrustee | 2 | $0 |
Charles Davies 1st V. President | OfficerTrustee | 2 | $0 |
Donna Gruol 2nd V. President | OfficerTrustee | 2 | $0 |
Kelsey Achenbach 3rd V. President | OfficerTrustee | 2 | $0 |
Kerri Mccullough Wood Immediate Past President | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $5,529,836 |
Investment income | $87,700 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$17,162 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,604,025 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $29,834 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $496,888 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $890,379 |
Pension plan accruals and contributions | $26,654 |
Other employee benefits | $103,746 |
Payroll taxes | $90,780 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,845 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $40,780 |
Fees for services: Other | $134,763 |
Advertising and promotion | $0 |
Office expenses | $126,693 |
Information technology | $230,545 |
Royalties | $0 |
Occupancy | $59,440 |
Travel | $25,235 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $992,301 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $56,384 |
Insurance | $34,878 |
All other expenses | $0 |
Total functional expenses | $4,288,341 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,263,657 |
Savings and temporary cash investments | $139,725 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,339 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $192,193 |
Net Land, buildings, and equipment | $115,127 |
Investments—publicly traded securities | $3,763,470 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $8,761 |
Other assets | $7,329 |
Total assets | $7,492,601 |
Accounts payable and accrued expenses | $214,450 |
Grants payable | $0 |
Deferred revenue | $1,447,862 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $141,097 |
Total liabilities | $1,803,409 |
Net assets without donor restrictions | $5,689,192 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $7,492,601 |